It’s Not All About Growth Between India and China

India and China have been rivals on the geopolitical front for decades, but the rise of Prime Minister Narendra Modi has seen the economic rivalry between the two Asian heavyweights widen.

Modi’s efforts to reduce inflation and implement business-friendly policies has helped India’s star rise alongside China in terms of investor interest, altering Asia’s economic balance.

But despite Modi’s efforts, China remains well ahead on “soft power,” which measures a country’s ability to build a positive reputation through culture, values and civil institutions.

CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.